5 Tips for forex beginners.

[rock]

New trader must go for the demo trading also they need to find out their mistakes so that they can be best in real also they must go for the indicators knowledge and follow the news while trading.

[moti]

I appreciate yours points very much. but I m unable to understand yours 5th point. as when to start, stop, or pause. ye sab kesa pta chalta ha. k kab trade ki jayay or kab ni. kab konsa pair sahi hai. aur kb ks ka time ha. as time management kesay ki jati ha? kiya ap mja bta sktay hain. waiting for yours reply.

[kaia]

tips for the newbie is to continue to learn to read and keep practicing. because then we will continue to enhance our ability whether we realize it or not we realize. and if we maximize our practice then it will be much better. and we will continue to get profit as we want.

[waqarme2]

these are the very important tips you have to the beginner in this trading in forex, and i really like it all, as i am also be the newbie, because i don't spend much time in this trading, so i really like it for myself also.

[yogesh]

last tipis what i liked most - forex is volatile but to read it other way this iswhat give us opportunity to make profits - yeh we should be well in selecting right levels and timings to open and close trade.

[scorpian7]

1. If you don�t have much capital, forex is the ideal form of investment.
2. If you have too little capital, you�d better not trade at all.
3. Love the market (one forex tip that says it all)
4. Very important forex tip: trading at high level requires a good knowledge of the market.
Not even the best trader in the market gains all the time.
5. Forex market is extremely volatile. For this reason, timing is essential: knowing when to start, stop or pause is a crucial to gain money with forex.

Good points highlighted by my friend Narr. These are the essence of guidelines for Forex beginners . especially the importance of timing as mentioned in the post can't be ignored

[sabujdas94]

4. Very important forex tip: trading at high level requires a good knowledge of the market.
Not even the best trader in the market gains all the time.
5. Forex market is extremely volatile. For this reason, timing is essential: knowing when to start, stop or pause is a crucial to gain money with forex.

I am strongly agree with you and i think your 4 and 5 point are most important.Forex success depend on forex knowledge so we have to good knowledge about it to make sure we can make profit.

[taufiqbd]

In my point of view I give five suggestion that you help to earn more profit
1. Trade demo account minimum 6 months
2. Know about risk and money management
3. select lot value to follow this rule AMOUNT/10000
4. Control Emotion
5. Punctual and discipline

[Forexboy]

What What is a definition of small capital, in your opinion? Because I see many people start with 5 or 10 dollars and make money, money is not great, but keep a little money, so I do not agree with you. If you have too little capital, you'd better not negotiate at all and properly control your business and to avoid using large volume.

[bhai]

l totally agree with tip number 5.this is it.we can easily know when will market will moves in most cases is when the big markets are open.watching our time will be enough for us to know that.l advice every day to take not of the market actions.so that to discover daily market behavior.like what is happening after important news and what is happening when the markets just open.l believe that the market has a behavior and that is what we must discover.